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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BPT
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BPT stock upgraded to Hold/Accumulate.
(Updated on May 02, 2024)

Hold candidate since May 02, 2024 PDF

The BPT stock price gained 1.35% on the last trading day (Thursday, 2nd May 2024), rising from $2.23 to $2.26. During the last trading day the stock fluctuated 2.41% from a day low at $2.23 to a day high of $2.28. The price has fallen in 6 of the last 10 days and is down by -3.83% for this period. Volume fell on the last day by -25 thousand shares and in total, 94 thousand shares were bought and sold for approximately $211.82 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $2.06 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect BPT stock with a 90% probability to be traded between $2.08 and $3.22 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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BPT Signals & Forecast

There are mixed signals in the stock today. The BPT stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.47. On a fall, the stock will find some support from the short-term average at $2.26. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 3.20%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for BPT stock

BPT finds support from accumulated volume at $2.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0537 between high and low, or 2.41%. For the last week the stock has had daily average volatility of 3.99%.

BPT is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $2.14 (-5.25%) (This stock has very high daily movements and this gives very high risk. Low RSI14 is 18 which reduces the risk some. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (BPT) For The Upcoming Trading Day Of Friday 3rd

For the upcoming trading day on Friday, 3rd we expect BP Prudhoe Bay Royalty Trust to open at $2.26, and during the day (based on 14 day Average True Range), to move between $2.11 and $2.41, which gives a possible trading interval of +/-$0.153 (+/-6.75%) up or down from last closing price. If BP Prudhoe Bay Royalty Trust takes out the full calculated possible swing range there will be an estimated 13.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.25 (0.44%) than the resistance at $2.29 (1.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Earnings coming up

BPT will release earnings BMO on Wednesday, May 08, 2024. We will update the financials statements for BPT, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.51% in the first trading day after earnings release.

Is BP Prudhoe Bay Royalty Trust stock A Buy?

BPT holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.314 Hold/Accumulate Upgraded

Predicted Opening Price for BP Prudhoe Bay Royalty Trust of Friday, May 3, 2024

Fair opening price May 3, 2024 Current price
$2.26 ( 0.0929%) $2.26

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BPT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.31 2.28 %
R2 2.29 1.38 %
R1 2.28 0.81 %
Current price: 2.26
Support S1 2.24 -1.00 %
S2 2.22 -1.56 %
S3 2.20 -2.47 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.70 19.47 %
R2 2.50 10.62 %
R1 2.29 1.33 %
Current price 2.26
Support S1 2.25 -0.442%
S2 2.24 -0.88%
S3 2.19 -3.10%

BPT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 06, 2023 Jan 13, 2023 Jan 23, 2023 $0.297 2.35%
2 Oct 07, 2022 Oct 14, 2022 Oct 19, 2022 $0.703 5.50%
3 Jul 05, 2022 Jul 14, 2022 Jul 20, 2022 $1.41 8.09%
4 Apr 06, 2022 Apr 14, 2022 Apr 20, 2022 $1.09 6.73%
5 Jan 06, 2022 Jan 14, 2022 Jan 19, 2022 $0.581 9.43%

FAQ

What is the symbol for BPT Stock and on which exchange is it traded?
The symbol for BPT is BPT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell BPT Stock?
BPT holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy BPT Stock?
BPT Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy BPT Stock.

What's the current price of BPT Stock?
As of the end of day on the May 02, 2024, the price of an BPT (BPT) share was $2.26.

What is the 52-week high and low for BPT Stock?
The 52-week high for BPT Stock is $8.17 and the 52-week low is $2.00.

What is the market capitalization of BPT Stock?
As of the May 02, 2024, the market capitalization of BPT is 48.364M.

When is the next earnings date for BPT?
The upcoming earnings date for BPT is May 08, 2024.
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About BP Prudhoe Bay Royalty Trust

BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The company holds overriding royalty interest in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres. BP Prudhoe Bay Royalty Trust was incorporated in 1989 and is based in Houston, Texas.... BPT Profile

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